How does SARS treat multiple sources of income

[Andromeda]

A further explanation of Sec 20A:

The 1st requirement for section 20A to apply, is that the taxpayer must fall within the highest income tax bracket during the relevant year of assessment. For the 2019 year of assessment, the person’s taxable income and any assessed loss or balance of assessed loss of the taxpayer must be equal to or exceed R1.5 million.

The 2nd requirement for 20A to apply is that the nature of the trade carried on by the natural person one of the "suspect" trades. These include the practising of any sporting activity, any dealing in collectables, any animal showing by that person, any form of performing or creative arts or any form of gambling or betting performed.

Also included are the rental of residential accommodation or vehicles, aircraft or boats (unless at least 80% of the accommodation, vehicle, aircraft or boat is used by persons who are not relatives of the natural person for at least half of the year). Farming or animal breeding will also fall within section 20A unless such activities are engaged in on a full-time basis.

The 3rd requirement is that, he or she must have incurred an assessed loss in at least three of the preceding five years of assessment, ending on the last day of the relevant year of assessment.

All 3 requirements must be met in order for the loss in respect of the specific trade to be ring-fenced.